I just want the lowest percentage rate possible for my mortgage. Litton won't respond to me. They are in my opinion, avoiding me. I have a second loan that has been lowered 3 months ago. I've filled out TWO hardship letters and still no response. I've been layed off of work for 6 months and my finances have been depleted significantly. I don't understand why I cant get it lowered. There are like a hundred programs and modifications out there now and I cant believe I dont qualify for at least one of them. I have my house on a quick sale and I cant believe that they would chance selling it in these times and risk losing money as opposed to lowering my rate and never hearing a complaint from me again while I would continue making my payments. I AM VERY DISPLEASED AND WISH I HAD ANOTHER MORTGAGE COMPANY LIKE HSBC or something.
I send all of the paperwork in and sometimes more then twice OR MORE. On May the 17th 2010. I was asked to decide if I wanted to stay with the Custom Plan Modification or go with the Hamp Modification Plan. I asked them what the Hamp Plan was. It was stated to me I would have to start over.
I stated to litton I could not go through this again. The stress for a $1000.00 dollars a years was not what I wanted to do. He stated I needed to send it in.
I asked for the fax number. I faxed it in on May the 17th, not knowing he was going to be off and would not return my call in 24 hours in which he asking services stated. Check my phone and cell records I called.
I am the mother of two boys one getting ready to be 14 and the other 8 with hearing loss. I know who he work for, but is Litton just that mean and money means more then the people they stated they wanted to help. Well, if that is the case, after the president put the money out there for them to use for the homeowners loan modification, then they are committing Freud and need to go to jail.
To any and all people who have had the displeasure of working with Litton Loan.We as consumers need to file a class action suit against Litton Loan
Service. Contact Washington. There was an article written by the LA Times from someone in Washington that you could call to get a Lender possibly investigated. I am going to investigate and than I will post the number if I am able to get. All of our stories are somewhat the same and the bottom line is litton does not try to save the homeowner. They would rather take the home and leave it empty than work with the borrower.
These loan modifications take longer than the 3 month trial period a lot of times because there are just too many to handle! I don’t know anything about collections or the way they handle the payments but I know our department is working hard to get these mods complete!"
Litton Loan Employee #2:"Also, a lot of these bad ratings are unfounded. For instance, the BBB claims that there are all these unanswered, unresolved complaints. This is just not true, because when I worked there, I was the one who answered EVERY SINGLE BBB COMPLAINT LETTER. And my numbers were fantastic... used to work for Litton, and it is a good company, run by good, honest, hardworking people. I used to read complaint letters from mortgagors all the time, and 99% of the time, their complaints were unfounded...If you signed up for an interest-only loan or an ARM loan, and your payments go up, it’s YOUR OWN FAULT...This is all bullcrap. Litton is one of the highest rated loan servicing companies in the country. Every late charge, inspection fee, interest rate increase, etc. that people are charged is WRITTEN IN THE ORIGINAL LOAN DOCUMENTS. Most people are just too stupid to read their loan note."
American people, Litton says you’re not only stupid, you are all lying and they are better than you! You heard it right here!
Tell me, Litton employees posting here, do they also instruct you to
intentionally manufacture defaults so you can foreclose on homes? Is that also part of your training? Do you write in a clause that gives you power to fabricate defaults so you can initiate foreclosure proceedings? Funny, I don't see that in my loan docs.
I was NOT behind on my payments when I called to make a payment, which is only a few hundred dollars a month and you told me I needed SEVERAL THOUSAND DOLLARS to make my loan current, and WOULD NOT TELL ME WHAT MADE UP THAT AMOUNT! And that was just your latest stunt.
I HAVE A RIGHT TO ANY AND ALL INFORMATION REGARDING MY ACCOUNT!!
After I got an attorney involved, suddenly that supposed several thousand turned into a few hundred, wow, funny how that works, eh? And I am one of THOUSANDS you jack with daily, but unlucky for you, I have the resources to fight!!!
So don’t you come on here telling us what saints you all are and how hard and honestly you work. Your company is corrupt and criminal beyond belief. We are on to you.
How many people have you needlessly foreclosed on because they did not have the resources, knowledge, or energy to fight you?
How many people do you screw with on a monthly basis, adding unnecessary fees to their accounts who don’t have the tools to put a stop to your games?
Oh, and I am not stopping with just the attorney. No way. If I have to take it to the streets and the press, I will. You are not just screwing with my home – as well as thousands of others’ homes – YOU ARE SCREWING WITH MY LIFE, AND I WILL NOT PUT UP WITH IT!!!
Litton employees responsible for such antics, I hope you all end up right next to Madoff.
I know you aren’t all like that – such as the woman who dared speak out about how the company was treating borrowers and was promptly fired. I
wonder where she is now? But to those who are….the clock is ticking on you. Your time is running out.
I am so going to enjoy watching you twist in the wind before you finally get your come-uppance. It’s about time to pay the piper.
05/26/2010, 05/31/10, 06/03/10 LITTON LOAN SERVICING LP Attention: Loss Mitigation Department 4828 LOOP...
Litton Loan modification program is a scam. Not sure how to prove it but maybe someone out there can.
First of all, I am making my payments, but my income was cut in Half late 2008. When Obama's plan came out for those of us who are making our payments, I applied...sometime in April of 2009. I wrote a hardship letter telling them I am making payments out of savings and explaining why I am applying.
Litton said they had a better program and did not want to use the government one...First Red Flag
They put us on a trial modification saving about $300 a month. Not much, but something. Every month they asked for paperwork. The same paperwork I already gave them. Every week I get a phone call saying I am late. I call and they say, no you are not late. This goes on for a YEAR! These past few months, they asked for bank statements, updated income statements, etc...same stuff. Not even new dates...just the same stu[censored]
Every week for the past several months, I get a call, asking for more paperwork...then another saying I am late. I call them, every week and they say verbally, that they have everything and I am not late.
The I get a call explaining that I have been denied because I have enough in savings to make two payments, but they will consider me on another program...many calls later...in which NO ONE knows what they are doing and I get conflicting information every call, they say I am denied...an get this...
I owe the difference in what I would have paid betwen the trial modication and the original loan...for the entire year. And get this...you are two months behind maybe you should short sell your house!!!
Sounds crazy, but I am not kidding. I have a friend who I mentioned this to. Later we found out he is also on litton and applied about the same time I did. He gave me the EXACT scenario...but he now owes $9000 - instantly...remember he too was current one day and owed this the next day. They are threatening to foreclose, Although he did rything they asked.
Is there something wrong here?
Any lawyers out there?
applied for loan modification one year ago, they kept asking for pay stubs which sometimes i sent three times before they accept to receive it.finally i was decline for loan mod. for loan amount above the government limit and my property scheduled to be sold on may 6, 2010.i was also decline for repayment plan.pls help.they are about to kick me out on the street after i paid 20% down to purchase this property and was given an adjustable rate.
litton loan supervisors, Donna Jeandritza, and Wanita Gonzalez has said nothing more need to be done than to foreclose on me. loan #[protected]
It should be against the law for a mortgage debt collection company to be able to stall homeowners as this company does. We have submitted paperwork twice, called lines that no one answers, recieved phone calls at 8am on a Saturdays sating they tried to reach us earlier that day... ??? We've been sent to extensions and put on hold for half an hour. Been asked for information by one person in one hour...and called again the same day, and asked for it again. The script is obvious. Keep people in the circle of the same thing. Exactly what are they doing? What is the game? We are reporting them to our state banking commission and hopefully, they will at least give us a fast answer when the attourny that has their license to do buisness in her hands, asks for answers and gives them a time frame. The home is worth more to us than the bank, believe me...but it is our home for 6 people and we have worked hard to keep it after a layoff. Now re employed, we simply want answers. One answer...not different answers based on who we talk to. We have received letters that contradict each other and 5 months worth of different info from different people. Can someone please explain what is going on, becaseu this is horrendous.
Where to start. This company is just evil. They do everything they can to weasel a buck and provide no...
i have been in a modification for months with this lender. i believe they are dragging this out for the most amount of money the can tack on to my principal. the loose my paperwork constantly making us fax over and over. you can't talk to anyone who actually is making decisions about your account or even the same person for that matter. all you get is the standard business response. this is what really gets me: if you do not have 9 months of unemployment from the start of your modification they will not consider it income, do you think the IRS is going to give me a pass on my taxes, hell no. it is income period!!! i had to pay over $3000 in income tax, because why? it is income you idiots!!! this is ridiculous, and they are messing with my families future... why do people care more about money than human life today??? big companies with the help of our greedy government officials are the ones who did this to our economy, why are they not being held responsible instead of getting money from the government. i stand to loose my home and many people already have, this is ###. these greedy ### need to pay!!! can you say revolution!!! we are the majority and need to stand together to fight the rich thieves of the world!!!
We received a foreclosure notice in the mail from an attorney for Litton Loan. It stated we had defaulted on our loan. It did not make sense. We paid monthly to this company on their website. We had an arrangement to pay a certain amount because they paid our taxes in which I did not want them to. So we were repaying this back. Yes, we were a couple of days late but we still paid it. They informed us that we were 120 days delinquent and I could not figure that out. They also did not do a good job explaining this to us. Pull bank accounts to see when money was sent to them and compare to the Transaction History. We did not miss a month, we are guilty of a one or two days late posting but I just can't see them sending us to foreclosure. Now we have their fees, attorney fees and for what???? It is such a rip off during this time of the economy. No one knows what the other departments are doing. It is so frustrating. We made arrangements again and made a large downpayment and we can only pay this bill one way. Shouldn't any payments have at least one grace period. No, we should have made sure it posted on time, however, we did pay this company. We are so confused right now and they aren't any help. Is there anyone we can talk to about this problem. Noone should have to put up with being blindsided by the fine print.
My loan wouldn't of went into foreclosure if if my voice mails were responded to. I called several times to make my loan current and got the run around. Finally got the payment in with all the legal fees added then 2 days later finally got letters from the attorney on regards to the foreclosure..seems like the voice mail system they have just sets you up for failure I haven't received a call back yet from Ms. Lester after 6 voice mail attempts. I wonder if Ms. Lester is even a employee or just to buy time. And how about that Modification form I sent back 6 months prior I requested help and now my Income tax that i received to help raise my family this year litton loan has taken from me I only owed 2000.00 they wanted 5300.? They modified me for disaster thanks litton loan.
February 2009 was giving me a loan modification, lowering my interest rates (which they did). Went from 10.8% to 4.8% which dropped my mortgage payment from 1422 per month to $888 per month. The modicfication was to bring me current on my escrow which would have been fine and would have been affordable, but meanwhile when I got my modification back they did not pay my taxes and during the modification I had $21, 000 in my lost draft fund (from hurricane Ike damage) this money was for the damages of my house. During the modifications I was supposed to get the $21, 000 in order to fix my house, Litton Loan Service pulled out $8400 and applied it to the rearages. The rearages were supposed to be added to the modification. After everything my payment doubled to $1600 per month to cover payment of my escrow that they did not pay. Then Litton Loan Service purchased insurance on top of all this, now I am behind in my escrow by $11, 000, and have been trying to contact Litton and ask for another modification and they turned me down. And then...I still at this point have almost $7000 left in my lost draft fund, I have faxed over many times in writing to roll the funds over to bring me current so that I can keep my house. Now I am being told they cannot do it because my repairs have to be at 90%. but they took my money without my knowledge initially and didn't even ask me, this was because it was convient for them at the time they did it, now they won't help me??? Now I am in foreclosure again. Obama said we were getting help and it seems like no one cares aobut the working class people, the ones who work and stuggle, living paycheck by paycheck. We the people need to stand up for ourselves, and find a law firm who will take action against this fraudulent company. Sincerely yours- Stressed Family
My boyfriend and I recently tried to buy the home located at 1123 Nicodemus RD, New Windsor, MD 21776. Originally, we had put an offer in on the home earlier in 2009 and lost the bid to another couple. This month the house came back on the market. The MD REO realtor said the couple made improvements to the home that were required by FHA and even purchased a new stove, but the couple broke up and didn't buy the home.
After seeing the Litton Loan Servicing (LLS) Addendum to Contract of Sale we have our doubts about the reasons the previous couple decided not to buy the home.
The LLS addendum supersedes the MD Residential Contract of Sale, resulting in forfeiture of many of the rights buyers have under the MD contract. We had many concerns about the contract, but our primary concern involved the home inspection, signing the contract would waive our right to get out of the contract based on the results of the home inspection. Of course we did not sign the LLS Addendum as is and we sent the MD REO agent our revisions on the LLS Addendum and our offer was then rejected.
There are many parts to this story that I have left out. I am posting this because I want people to be cautious when dealing with any parties involved in this complaint.
Since Feb 2009 we have been haggling with Litton loan modification dept, they have accepted and denied me so many times, I've lost track. We live in WA. State and this kind of criminal activity should not be tolerated. I am forwarding all this information I've printed about this company to my attorney general of the State of Washington and my beloved President for their review.This company must stop raping the American public and stealing their property. Dealing with a debt collector who only wants our property has been a hellish experience.
After 13 months of dealing with this "modification", I am still trying to "close". In the meantime, every...
It all started in july when me and my family come across a little finacial strain.I contacted litton...
I completed everything required on my loan modification trail period of three months. Paid on time, submitted all the required documents and was still denied. First excuse given is that I did not live on the property..I had sent a utility bill and all the communications have been coming to this property, I had not lived anyway else not even vacationed for the last four years. Second reason given last week when the second resubmit was denied was due to the value of my home having dropped. I could not believe, I did not ask them to lower the loan amount just keep the modification arrangement I was on during the try period. I cannot believe this..
WE found out about HAMP through a non-profit housing counselor. Litton Loan Servicing has told us we have been denied HAMP loan modification, but we never filled out any paperwork. When we finally sent our documents to be considered for a modification, they have not sent us anything writing, refuse to fax us confirming they've received our personal financial documents and flat out said they would not provide a HAMP modification for us. They said they will only do a short sale.
My husband has a job now, and we were late on our mortgage because of this reason. Now he is working and we want to get our taxes, insurance included in the mortgage and our rate adjusted plus our principal adjusted.
mortage was transfered to litton loan, herniated two discs, husband in construction has not worked in two yrs, i need back surgery ending my 26 yrs as a bedside nurse, i currently work seven days a week in ICU and ED to make two car payments, house payment and pay sons college tuition. Litton loan does not find this to be hardship, i mailed all the papers, ct scan reports note from neuro spine surgeon, my paystubs and explained every thing in detail, i was turned down. i have worked like this for the last 1.5 yrs, <br />
My mortgage payment now has changed from the original mortgage document, litton puts partial payments, in a floater account and applies it to whatever fees it wants, my original amount and due date have changed, i now have an escrow account i did not ask for and stay 2 payments behind. racking up late charges. <br />
I was also told that litton does not participate in the presidental modification plan but has their own, i was told that the investor did not consider my situation a hardship but not litton. My surgeon did not want me to return to work without restrictions, however if i go out with restrictions then i cannot go to my second job. I have a disc fragment pressing on my spinal cord i sometimes stoop and the transforaminal nerveblocks just get me by. needless to say seven days a week in these high stress areas is a catastrophe waiting to happen. all i ask for was to have my interest rate somewhat reduced from the 8.5 percent, my husband was selfemployed at the time of loan originationl, he has no formal education and has trouble finding gainful employment in north carolina with an unemployment rate of 12%. <br />
i no longer run to the postoffice to get the 4 monthly forclosure threats sent via certified mail. I make a full payment every month and just float by. and litton keeps adding late charges. they now offered me to see if i qualify for a 6 month repayment plan and ask for my documents, they received 113 pages of financial documents from me for the loan modification<br />
wonder what my payment will be next yr. people need to call the white house with litton loan complaints, they have and 800 number and a person actually answers the phone. <br />
I would like for the investor that considers my situation not a hardship to walk in my shoes for a week and see if he would like to work seven days a week in agony drive 69 miles back and forth to job number two. I cannot even take narcotic pain medicine because of the job i have. so heads off to Litton for running people into the ground.